The European Union's landmark rules on artificial intelligence will be implemented as planned, with no temporary pause or grace period. The EU Commission has set specific deadlines for the implementation of the AI act, including obligations for general-purpose AI models starting in August and high-risk models in August 2026. Despite pressure from some companies and countries, European Commission spokesperson Thomas Regnier emphasized that there are "legal deadlines established in a legal text" that must be followed.
https://channelnewsasia.com/business/artificial-intelligence-rules-go-ahead-no-pause-eu-commission-says-5220746Meta's $100M investment in OpenAI talent highlights the industry's reliance on human expertise in developing AI models. Despite advancements in coding power, human intelligence remains crucial for progress. The rise of deepfakes and AI-generated misinformation underscores the need for proactive prevention strategies, such as media literacy and enhanced content verification tools, to safeguard truth in the AI era.
https://www.adweek.com/brand-marketing/techmagic-smart-glasses-ai-regulations-nintendo-glitches-and-meta-vs-openai/Microsoft has applied for 4,712 H1-B visas for the 2025 fiscal year, with some estimates suggesting this number could be closer to 6,000. The company's decision to cut around 9,000 jobs as it invests in artificial intelligence is not unusual, given its historical reliance on H1-B visa applications, which allow skilled foreign workers to move to the US for work. Microsoft CEO Satya Nadella has stated that the company will continue to implement organizational changes to position itself for success in a dynamic marketplace.
https://www.dailymail.co.uk/yourmoney/article-14874151/microsoft-mass-layoffs-h1b-visas.htmlOracle's $30 billion deal signifies a significant milestone as it expands its cloud offerings, marking a broader shift in the industry where investment and competition are driving innovation in artificial intelligence infrastructure, with Oracle poised to play a key role in powering next-generation AI applications.
https://www.techspot.com/news/108515-30-billion-year-oracle-secures-one-largest-cloud.htmlUPS, led by CEO Carol Tomé, is providing benefits to its laid-off employees, including pensions and healthcare. This move comes as other tech giants, such as Amazon under Andy Jassy, Intel, and Microsoft, are also reducing their workforces due to the impact of AI on certain roles. Walmart has recently cut around 1,500 US jobs, further exacerbating the job market challenges faced by American workers.
https://www.dailymail.co.uk/yourmoney/consumer/article-14873529/america-important-companies-ups-buyouts-slashes-jobs.htmlMicrosoft is replacing traditional sales roles with AI-focused engineers as part of its efforts to compete with OpenAI and Google. The company recently announced 9,000 job cuts, with many affected employees being replaced by "solutions engineers" who will focus on embedding Copilot into its services. This move highlights the growing importance of artificial intelligence in the tech industry.
https://indiatoday.in/technology/news/story/microsoft-to-replace-sales-roles-with-ai-focused-engineers-as-9000-employees-face-layoffs-2750601-2025-07-04OpenAI allegedly shut down its services for a week to prevent Meta from poaching its AI talent, according to reports. The move is seen as a strategic response by OpenAI to protect its intellectual property and prevent the loss of key employees. Meta has been accused of aggressively recruiting OpenAI's staff, including some who worked on the company's flagship language model, GPT-4. The exact reasons behind OpenAI's decision are not clear, but it is believed that the company wants to maintain its competitive edge in the rapidly evolving AI landscape.
https://www.livemint.com/technology/tech-news/did-openai-shut-down-for-a-week-to-stop-metas-ai-talent-poaching-spree-11751633198842.htmlIn Romania, as the country rolls out major digitalization projects, concerns over automated decision-making and data privacy are growing. The government's cloud initiative is being scrutinized amid increasing demands for regulation on responsible AI use. A significant number of young people, including those considered digital natives, are worried about how AI may access and utilize their personal information, with 71% of 18-24-year-olds expressing concern.
https://www.romania-insider.com/most-romanians-do-not-trust-ai-without-human-intervention-survey-showsIn Telangana, business school graduates are preferred by employers due to their strategic thinking and practical knowledge of AI tools. According to a recent global survey, companies value adaptability, the ability to use AI tools, and good judgment in new hires. Rachel Dammala, a city-based recruiter for a global consulting firm, notes that today's hires need to demonstrate these skills beyond just qualifications.
https://www.deccanchronicle.com/southern-states/telangana/employers-prefer-graduates-with-strategy-planning-ai-skills-1889422